Houston Treasures for 2013
Photo by: Gittings
In 2009, Penny and Paul Loyd created The Loyd Charitable Foundation to support numerous charities and worthwhile organizations in the Houston area and around the world.
Penny is a business graduate of St. Louis University. She is currently the Vice President of the Loyd Charitable Foundation and works diligently in the community through her service on the boards of Boys and Girls Country, UNICEF, Boys and Girls Clubs of American Samoa, Theater Under the Stars and the Marshall Plan Charities for Afghanistan Recovery. Penny is a member of the Museum of Fine Arts, Houston Asian Art subcommittee as well as the George W. Bush Presidential Center Women’s Initiative Fellowship Program committee in Dallas and serves on the board for SMU’s Annette Caldwell School of Education and Human Development.
Paul earned a BBA in Economics from Southern Methodist University in 1968 and an MBA from Harvard Business School. Currently, he is the principal of a private investment firm he founded in Houston in 2001. He previously served as a chair and CEO of R&B Falcon Corporation, the world’s largest and most diversified offshore drilling company. Paul has more than thirty years of experience in the energy industry in the United States and overseas and has served as a consultant to the Saudi Arabian government.
Paul Loyd has used his extraordinary professional success to benefit his alma mater and other causes. He has been a member of SMU’s Board of Trustees since 2001. He is the chair of the Athletic Committee and serves on the executive board of the Cox School of Business. He received the Mustang Award for service and philanthropy to SMU and was awarded the Distinguished Alumni Award in November 2012.
His service extends from local to global causes through membership on the boards of Houston Children’s Charity, Boys and Girls Clubs of American Samoa, the Navy SEAL Legacy Foundation, and the College Football Assistance Fund. He was named Man of the Year by Fort Benning troops returning from Iraq and Afghanistan for his aid in setting up satellite computers for troops to communicate with home.
Penny and Paul consider their greatest accomplishment to be their five children and two grandchildren.